Oman Business: OQ signs 9 deals to set up $88m worth of industries in Ladayn
OQ Refineries and Petrochemical Industries, a subsidiary of OQ,
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OQ Refineries and Petrochemical Industries, a subsidiary of OQ,
Oman-based integrated energy group OQ said its petrochemical unit has signed nine key agreements for the establishment of industrial projects at Ladayn Polymer Park in Sohar. The move is aimed at fostering the growth and development of local businesses.
Oman's Public Establishment for Industrial Estates (Madayn) has announced that it has signed seven land usufruct agreements with strategic investors including Gemini Corporation, MAK, Napco National and Jcoplastic Middle East, for a duration of 33 years.
OQ Refineries and Petrochemical Industries, a subsidiary of OQ, the global energy group, has signed nine investment deals worth a total of $88 million to establish industrial projects in the Ladayn Polymer Park in Suhar Industrial City.
Saudi company Amiantit has announced that its subsidiary, Tawzea, has secured contracts worth SAR233.4 million ($62.1 million) from National Water Company for the operation and maintenance of water networks in Dammam, Khobar and Makkah governorates.